Business Stories from September 22, 2011 (Change date)
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Fannie Mae cited for failing to stop robo-signingSep 22, 2011 11:00 pm - WASHINGTON — Fannie Mae missed chances to catch law firms illegally signing foreclosure documents and its government overseer did not take the right steps to ensure Fann...
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Moody's downgrades 8 Greek banksSep 22, 2011 11:00 pm - ATHENS, Greece — Moody's ratings agency downgraded eight Greek banks by two notches Friday due to their exposure to Greek government bonds and the deteriorating economic...
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Oil below $81 amid growing global economy fearsSep 22, 2011 11:00 pm - SINGAPORE — Oil prices hovered below $81 a barrel Friday in Asia, gaining back a little of the previous day's big loss amid the prospect of weaker demand for crude as th...
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UBS CEO Gruebel faces board amid huge trading lossSep 22, 2011 11:00 pm - SINGAPORE — UBS Chief Executive Oswald Gruebel, under pressure after a rogue trader lost $2.3 billion of the Swiss banking giant's money, kept silent Friday after facing...
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Humming noise may be coming from Detroit-area Zug IslandSep 22, 2011 11:00 pm - RIVER ROUGE, Mich. — Canadian authorities say a mysterious humming noise plaguing residents of Windsor, Ontario, may be coming from a heavily industrialized Detroit-area...
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G20 helps ease tensions in marketsSep 22, 2011 11:00 pm - PARIS — A pledge to stabilize markets from the world's leading economies has done little to reassure investors Friday, a day after fears over the global economy had sent...
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Ford wins reversal of $43M Illinois crash awardSep 22, 2011 11:00 pm - Ford Motor Co. won reversal of an Illinois jury's $43 million damage award holding the company liable in a 2003 crash that killed a 73-year-old man and severely burned ...
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HP fires second CEO in 2 years; Whitman in chargeSep 22, 2011 11:00 pm - SAN FRANCISCO — Hewlett-Packard has performed another extreme act of corporate remodeling, firing its CEO Leo Apotheker after just 11 months and replacing him with billi...
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AP Sources: Chrysler-UAW talks break downSep 22, 2011 1:00 am - DETROIT — Negotiations over a new four-year contract between Chrysler and the United Auto Workers have broken down as both sides refuse to budge on key financial issues,...
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Obama stumps for jobs bill on GOP leaders' turfSep 22, 2011 12:00 am - CINCINNATI — Employing in-your-face politics, President Barack Obama sold his jobs plan Thursday from the turf of the top Republicans on Capitol Hill, combatively callin...
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